American Coastal Insurance
ACIC
104 hedge funds and large institutions have $152M invested in American Coastal Insurance in 2014 Q2 according to their latest regulatory filings, with 35 funds opening new positions, 39 increasing their positions, 22 reducing their positions, and 11 closing their positions.
2,425% more call options, than puts
Call options by funds: $202K | Put options by funds: $8K
218% more first-time investments, than exits
New positions opened: 35 | Existing positions closed: 11
77% more repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 22
42% more capital invested
Capital invested by funds: $108M → $152M (+$44.8M)
30% more funds holding
Funds holding: 80 → 104 (+24)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$6.05M |
| 2 |
Allianz Asset Management
Munich,
Germany
|
+$5.59M |
| 3 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
+$4.7M |
| 4 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$2.71M |
| 5 |
Renaissance Technologies
New York
|
+$2.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HA
Heartland Advisors
Milwaukee,
Wisconsin
|
-$11.3M |
| 2 |
PRCM
Pine River Capital Management
Minnetonka,
Minnesota
|
-$3.16M |
| 3 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
-$1.86M |
| 4 |
PCM
Penn Capital Management
Philadelphia,
Pennsylvania
|
-$1.72M |
| 5 |
WA
Whitebox Advisors
Minneapolis,
Minnesota
|
-$1.52M |
ACIC Hedge Fund Activity: Q2 2014 in Review
104 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in American Coastal Insurance (ACIC) for Q2 2014, worth a combined $152M — up 42% from $108M a quarter earlier.
Buyers outnumbered sellers: 35 funds opened new ACIC positions and 11 closed out — a net gain of 24 holders — while 39 added to existing stakes and 22 trimmed.
The largest buyer was BlackRock Fund Advisors, adding an estimated $6.05M. The largest seller was Heartland Advisors, cutting an estimated $11.3M.
- 104 institutional investors held American Coastal Insurance (ACIC) as of Q2 2014, up from 80 in Q1 2014.
- Funds reported $152M of American Coastal Insurance stock for Q2 2014, up 42% quarter-over-quarter.
- 35 funds opened new American Coastal Insurance positions in Q2 2014 and 11 closed out, a net change of +24 holders.
- The largest American Coastal Insurance buyer in Q2 2014 was BlackRock Fund Advisors, an estimated $6.05M added.
- The largest American Coastal Insurance seller in Q2 2014 was Heartland Advisors, an estimated $11.3M sold.
Based on aggregated 13F filings for Q2 2014.